Housing in Hopewell City

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Hopewell City averages $1,106/month for a 2‑bedroom in 2024, compared to the Virginia median of $1,579 and the national median of $1,413. Local renters spend approximately 32% of household income on rent, equal to the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Hopewell City FMR Area are $1,571 for a studio, $1,643 for 1‑bedroom, $1,804 for 2‑bedroom, $2,259 for 3‑bedroom, and $2,783 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $698 increase for a 2-bedroom in Hopewell City shows a 63% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Hopewell City was 4.2% in 2024, compared to Virginia at 2.9% and the national rate of 4.0%.

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Towns near Hopewell

City
County
State
Miles
Richmond city
VA
0.0
Chesterfield
VA
11.5
Chesterfield
VA
12.8
Chesterfield
VA
14.1
Colonial ...
VA
19.2
Chesterfield
VA
19.4
Hopewell city
VA
19.5
Prince George
VA
21.6
Petersburg city
VA
23.2
Prince George
VA
23.4
Prince George
VA
28.9
Surry
VA
34.6
Surry
VA
34.7
Surry
VA
42.9
Surry
VA
46.7
Surry
VA
47.0

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